Musk's X Money Launch Challenges PayPal with 6% APY and Visa Partnership
Elon Musk's X is set to launch 'X Money' in April 2026, transforming the social platform into a financial super-app with P2P transfers and a market-leading 6% APY. The move, backed by Visa and Cross River Bank, signals a major shift in the fintech landscape while drawing immediate regulatory scrutiny under the CLARITY Act.